While many companies in Africa are family-run, not enough of them are considering their succession plans to the next generation, explains John Félicité, Director – Ocorian Mauritius.
Category: Investing
Commonwealth Youth Climate Network Launches Competition to Boost Youth-led Action
The Commonwealth Secretary-General and the Commonwealth Youth Climate Change Network (CYCN) yesterday launched a global competition to inspire, empower and reward young people taking action on oceans.
Why Are African Start-Ups Failing?
Small to medium enterprises are the backbone of emerging economies offering employment opportunities to youth on the continent. Start-ups are another avenue of job creation on the continent and are a sort of “hybrid” form of employment, offering opportunities in both formal and informal sectors.
2023 Budget Will Either Make Or Break Ghana – Economist
Economist, Dr. Theo Acheampong, says the 2023 Budget statement will either make or break Ghana.
Ghana: Hikes in Food Prices, Others Push Inflation to 40.4 %
Accra, Ghana//-Figures released by the Ghana Statistical Service (GSS) today indicated that increases in food prices, housing, electricity and fuel, and three other divisions have pushed up inflation for the month of October 2022 to 40.4 %.
The Fall and Rise of Ghana’s Debt: How a New Debt Trap Has Been Set
Ghana is in a debt crisis. Despite having had significant amounts of debt cancelled a decade ago, the country is losing around 30% of government revenue in external debt payments each year.
39 Licensed Companies Under Free Zones Set to Inject $230 Million into Ghana’s Economy
Accra, Ghana//-The Ghana Free Zones Authority (GFZA) has licensed 39 new companies with an estimated capital injection of $230 million into the Ghanaian economy, the Chief Executive Officer (CEO), Ambassador Michael Oquaye Jnr announced.
EIB Investment Survey: Sustaining Transformative Investment in the Face of Multiple Shocks
In 2022, few businesses expect to be worse off than before the pandemic, thanks to extensive and swift policy support and a strong rebound in demand in the first half of 2022.
Ghana: All NPP MPs Are Now Aligned on Need to Sack Finance Minister– Majority Leader
Accra, Ghana//-Majority Leader, Osei Kyei-Mensah-Bonsu has declared that the entire Majority Caucus is now in support of the calls for Finance Minister, Ken Ofori-Atta to be sacked.
IMF Has Discovered Lies in Data from Ghana’s Economic Management Team – Former Dep. Finance Minister
Accra, Ghana//-A former Deputy Finance Minister, Mona Quartey, has alleged that officials of the International Monetary Fund (IMF), have discovered some inaccuracies in the macro-economic figures presented by government’s economic management team.